Dave Clabeaux is a real estate investor. David lives in Northern Kentucky with his wife and son. Dave enjoys many aspects of real estate investing, including rehabbing, offering rental-to-own properties, and building a retirement portfolio by acquiring properties with no money down using owner financing. As a former high school English teacher, Dave is also very passionate about teaching others how to build wealth through real estate.

My wife and I decided a long time ago that we wanted to use our house flips to give back.

For example, we are donating a percentage of the profits from a recent project to the Wounded Warriors Project.

And we will use another project that is almost complete to help St Jude’s Research Hospital. I am sharing this with you because I want you to do the same thing when you flip a house.

It may sound corny, and you might disagree, but my wife and I truly believe that donating a portion of the profits of each project to charity is good karma. We believe that it helps ensure that the project will be successful.

If you decided to flip a house, who would you choose to help? What charity or charities would you align your project with?

If you have been talking about flipping a house but have never pulled the trigger, this could be the nudge you need. I cannot express in words how much more important a project becomes when I know that the profits will help sick children get better or help a wounded veteran return to normal life.

David Clabeaux Announces Plans for Historic Office Building in Newport – Kentucky

David Clabeaux, along with his wife Abigail, have recently purchased 830 Monmouth and begun plans to renovate the building. “Our plans are to renovate the building while maintaining as many of the historic elements of the building as possible. We will be creating inexpensive, furnished single person executive office suites on all 3 floors. We will leave exposed brick walls, original tin ceilings, and restore the existing ornate woodwork. There are some really amazing elements to this building,” said Dave.

830 Monmouth was built in the 1890’s, and is on the National Historic Registry of historic buildings, along with the adjacent properties on Monmouth between 3rd and 11th streets. David Clabeaux’s vision for the building is to turn it into a living museum representing the era when it was originally built. According to David, “We plan to decorate the interior of the building with historic artifacts and pictures from the late 19th century and early 20th century. We want the pictures and artifacts to tell the story of the building throughout the years an the many purposes it served.”

Each floor of the building will have approximately 10 single-person, furnished executive office suites. Each floor will also have a conference room, as well as restrooms and a break room with full kitchen and refrigerator.

The offices will lease for $350 per month all inclusive, and will include, among other things, free wifi, all utilities, weekly cleanings, access to common areas.

“The goal is to create affordable office space for people who need a home office away from home,” said David. “We are breaking the mold on institutional, stuffy, fluorescent light offices. We want people to be excited to come to work and proud of the building they work in and the people they work with. We spend a large portion of our lives at work or in offices, so why not make those spaces exciting, comfortable and inviting?”

David Clabeaux and his wife Abigail moved to the Northern Kentucky area in June of 2016. In addition to the project on Monmouth in Newport, they are also rehabbing residential houses at a pace of 3-4 homes per year. “I love rehabbing houses. There is nothing more rewarding than taking an ugly home, making it beautiful, and handing the keys over to a new family. We are so fortunate to be able to make a good living by improving our community. To us it honestly isn’t even work. We enjoy seeing our vision for each house come to fruition.”

Having recently relocated with his wife and son to Northern Kentucky, Dave Clabeaux has just started his first rehab project in the area.

A former high school English teacher, Dave got into rehabbing houses as a way to make extra money on the side. He soon learned that he loved taking ugly houses and making them beautiful again. “To me, this isn’t work,” said Clabeaux. “You get to see tangible results for your efforts. When you rehab houses you are improving your own community, while making a decent living for yourself. And nothing beats the feeling of handing over the keys to the beautiful house you just created to a new family.”

Dave Clabeaux got his start in Tampa, Florida, where he was fortunate enough to find a mentor who helped teach him to flip houses. He invested in half a dozen properties in Tampa before he decided to pursue real estate investing full time.

In addition to rehabbing, Dave Clabeaux enjoys many aspects of real estate investing, including rehabbing, offering rental-to-own properties, and building a retirement portfolio by acquiring properties with no money down using owner financing.

Dave Clabeaux is also very passionate about teaching others how to build wealth through real estate. He works one-on-one with clients across the country to help teach them how to rehab houses. Through these relationships, he has successfully helped dozens of people flip their first house.

“Real estate investing helped me become financially independent, which feels amazing. And I love sharing that with others and helping them to become financially independent as well’” said Clabeaux. “The cool thing about rehabbing houses is that once you’ve done it once successfully, you can do it again and again in any city in the United States. While it is not rocket science, there are a lot of moving parts, and you really have to know what you are doing.”

Dave Clabeaux plans to rehab 3-4 properties in the Northern Kentucky area this year, while continuing to mentor and help beginners complete their first successful flips.